The Best And Worst Of The Highest-Yielding Telecom Stocks
As I've said many times before, investors can find plenty of rich yields in telecom stocks. Predictable subscriber demand gives these companies plenty of cash flow to support high dividends. In addition, telecom companies currently benefit from the roll-out of the 4G technology, which is exponentially expanding data usage. In an earlier article, I listed the highest-yielding stocks by industry and a few telecoms I considered suitable candidates for further research. But it's important to take a closer look at these stocks, simply because a high yield doesn't necessarily mean high quality. Buying a stock based on its yield alone is extremely risky. Just as you would never buy a car without looking under the hood, you should never buy a stock without evaluating all of its fundamentals. My closer look at the highest-yielding telecom stocks revealed several potential values and a few high-risk dividend traps.... Read more